Michael Wirth, chairman and CEO of Chevron (NYSE:CVX), said Monday that he sees “a fair amount of support” for current oil prices, which have spiked above $80 a barrel in recent weeks. Speaking to CNBC, Wirth […]
Two weeks ago, in a short and terse affair that did nothing to address the spill-over from overheating gas markets, OPEC+ confirmed that it would stick to its July agreement to boost output by 400,000 […]
Oil output in America’s most prolific shale patch is getting closer to levels seen before the pandemic-driven market crash, as crude prices surge. While total production in the U.S. is still lagging, the Permian Basin […]
The IEA director just announced that energy prices are likely to keep going up unless we have greater investments in renewables. Posted today on Oilprice.com today. He said, “There is a looming risk of more […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook We expect 22% more U.S. coal-fired generation in 2021 than in 2020, according to our latest Short-Term Energy Outlook (STEO). The U.S. electric power sector has been generating more electricity from […]
We have an absolute blast talking with Heidi McKillop, President, and CEO at ASN Productions, and Terry Etam, Author, and world energy expert. -During this podcast we create NOPEC. The energy answer – Have NOPEC […]
The energy crisis is a tragedy for the consumers as many are facing paying 50% more for heating their homes this winter. This morning on Bloomberg Francisco Blanch, BOFA Global Research, commented that Europe, and […]
High U.S. retail energy prices will result in much higher residential energy bills for Americans this winter The EIA assumes that the coming winter will be slightly colder than last year For the 5 percent […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our October Short-Term Energy Outlook (STEO), we forecast that natural gas spot prices at the U.S. benchmark Henry Hub will average $5.67 per million British thermal units (MMBtu) between October […]
There are some of the craziest geopolitics going on around the world and it all stems from the world energy policies over the last 10 years. A couple of weeks ago in one of my […]
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